Revenue fell to about $7.6 million in the most recently ended period. The dramatic drop in business travel due to the COVID-19 pandemic severely hurt Concur and that is not likely to change soon. “We no longer anticipate a meaningful recovery in SAP Concur business travel related revenues for the remainder of the year,” CFO Luca Mucic said during the week’s earnings webcast. Concur revenue fell to roughly $353.6 million, down 11 percent in constant currency. Cloud revenue, of course, was up, rising 14 percent. CEO Christian Klein noted SAP has 30000 classic ERP customers, 12,000 of them with licensed, on-premise software. Service revenue dropped by 11 percent. “While we continue to deliver most of our projects very efficiently and effectively remotely, we do see an impact, in particular, on our training business as the reopenings of our global training centers have been delayed,” Mucic said. One analyst suggested SAP is seeing delays in buying while other software companies are seeing a pick up. Robert Vick, writing for the financial publication Seeking Alpha, pictured the webcast as featuring two surprises: the software company’s cloud software backlog was down and SAP cut its guidance for the rest of the year significantly. He also noted Concur represents about 10 percent of SAP revenue.